Blockchain finance company Dinari completes $12.7 million Series A funding, led by Hack VC and others

According to Fortune magazine, blockchain finance company Dinari announced the completion of a $12.7 million Series A funding round, led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund. The total financing amount of the company has reached 22.65 million US dollars, with a valuation of 40.15 million US dollars in 2024. According to Pitchbook's data, Dinari's valuation for 2024 is $40.15 million. The current valuation is not clear, but the company has stated that it has achieved profitability, but declined to disclose the specific amount. Dinari focuses on providing US stock investment services to overseas investors, issuing tokens representing US stock ownership through blockchain technology. Its API service has been integrated into multiple fintech platforms, allowing users to purchase tokens corresponding to stocks of companies such as Apple. Dinari will directly purchase and hold the corresponding stocks in the US stock market, ensuring 100% asset endorsement.